Bitcoin (BTCUSD)

[Investors3]

Bitcoin ATMs are pumping as Bitcoin Depot network hits a new milestone
Bitcoin Depot now operates more than 500 crypto ATMs worldwide, making it the 'largest blockchain ATM network' on the planet.

By Frank Cardona
2 min read
Feb 6, 2020

https://decrypt.co/18662/bitcoin-atms-are-pumping-bitcoin-depot-hits-a-new-milestone

Bitcoin Depot, a cryptocurrency ATM network, announced on Thursday that it now operates more than 500 ATMs in the United States. The company claims that this makes it the largest crypto ATM network in the world.

The network, which is headquartered in Atlanta, runs over 100 cryptocurrency ATMs in its home city and has expanded to over 30 states across the US since 2016.

“The expansion of Bitcoin ATMs increases acceptance and use of bitcoin for financial transactions and makes everyday transactions easier for everyone," the Bitcoin Depot CEO Brandon Mintz said in a press release.

The company aims to improve access to digital finance “for underbanked communities around the United States,” according to its statement. Bitcoin Depot also said it opened over 200 ATMs last quarter and “aims to surpass 1,000 ATMs by the end of 2020.”



The number of worldwide crypto ATMs breaks 5,000
In a big step for the infrastructure of the crypto industry, the number of bitcoin and crypto ATMs around the world has hit a landmark.
By Rebecca Campbell
2 min read
Jun 25, 2019

https://decrypt.co/7612/worldwide-crypto-bitcoin-atms-breaks-5000